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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$245
/mo
based on the purchase price of $49,900
$9,980 cash
$39,920 financed
$33,623 total interest
Principal54%$39,920
Interest46%$33,623
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Sault Ste Marie
Other homes for sale in Sault Ste Marie around $50K.
Average days on market24Homes sold in about 24 days on average.
Sale-to-list ratio95.3%On average, homes sold below asking.
Active listings365Homes for sale here right now.
Based on 8 sales from Jul 15 – Oct 13, 2026. Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 17 Wallace Terr
How much is 17 Wallace Terr listed for?
17 Wallace Terr is listed at $49,900 (MLS® X13887778). Summitly updates the price as soon as the MLS® record changes.
Has the price of 17 Wallace Terr changed?
No — 17 Wallace Terr is still listed at its original asking price of $49,900.
How many bedrooms and bathrooms does 17 Wallace Terr have?
The listing for 17 Wallace Terr doesn't publish its bedroom and bathroom count. It is a lot in Sault Ste Marie.
How much would the monthly mortgage be on 17 Wallace Terr?
About $245 a month — principal and interest on $49,900 with 20% down ($9,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 17 Wallace Terr compare with other homes in Sault Ste Marie?
Its asking price of $49,900 is about 86% below the median sold price in Sault Ste Marie over the last 90 days, $345,667, across 8 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 17 Wallace Terr been sold before?
Summitly has no earlier MLS® sale or lease of 17 Wallace Terr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 17 Wallace Terr?
17 Wallace Terr is in Sault Ste Marie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 17 Wallace Terr been on the market?
47 days — 17 Wallace Terr was listed on August 26, 2026.
Does 17 Wallace Terr have a basement, and is it finished?
The listing describes the basement as: Other.
What is the lot size of 17 Wallace Terr?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 17 Wallace Terr?
About $250 in Ontario land transfer tax at the asking price of $49,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 17 Wallace Terr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.